MCL, IDCO JV to build common rail corridor

Mahanadi Coalfields Limited (MCL), a central sector coal company, and Odisha Industrial Infrastructure Development Corporation (IDCO) will lead a joint venture company to develop the common railway corridor for evacuation of coal from Rampia Coal Block in Sundargarh district.

Odisha government and MCL would have equity participation in the company in which other partners could join later. Shares will be held by IDCO, MCL and other user companies. The common corridor will reduce land requirement and forest land diversion problem. MCL has been nominated as the lead member to formulate common alignment plan of the corridor in consultation with other partners.